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Question: Using Apple Inc, write a report of 800-1,000 words that demonstrates your understanding of the cost of capital and risk. Specifically, you are to include the following:

- Give a description of the weighted average cost of capital.

- Give a description of the capital asset pricing model.

- Give a description of the security market line.

- Give a description of the cost of debt.

- Calculate the weighted average cost of capital for Apple Inc. Explain your answer.

- Calculate the cost of debt for Apple Inc. Explain your answer.

- How would you restructure the firm's debt? Explain your answer.

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